Natera, Inc., a prominent name in the field of cell-free DNA and genetic testing, has disclosed its preliminary unaudited financial outcomes for the fourth quarter and full year that concluded on December 31, 2024. The company reported a significant surge in revenue, pointing towards a robust performance amidst its operations.
In the fourth quarter of 2024, Natera anticipates total revenues of around $472 million, showcasing a remarkable 52% increase from the corresponding period in 2023, which had total revenues of $311 million. Similarly, for the entire fiscal year of 2024, the company projects total revenues of approximately $1.7 billion, marking a substantial 56% surge from the prior fiscal year’s total revenues of $1.1 billion.
Natera’s positive cash inflows have been another area of strength, with around $45.8 million recorded in the fourth quarter of 2024 in contrast to cash outflows of $60.8 million in the same quarter of 2023. Similarly, for the full year of 2024, the company reported positive cash inflows of approximately $86.3 million compared to cash outflows of $267.1 million in 2023.
These financial achievements were announced concurrently with the company’s participation in the 43rd Annual J.P. Morgan Healthcare Conference on January 15, 2025. The detailed results will be shared during Natera’s upcoming earnings call scheduled for February 2025.
Natera has been making significant strides in the domain of personalized genetic testing and diagnostics, focusing on oncology, women’s health, and organ health. The company operates under high-quality standards, emphasizing accuracy and efficiency in its services.
While the preliminary financial results are encouraging, it’s essential to note that they are subject to potential revisions based on year-end closing procedures and final audits. Subsequent events may influence the final outcomes. Natera continues to keep investors informed about any updates regarding its operational and financial performance.
For more comprehensive insights into the company’s financial stance, interested parties can refer to the official investor relations section of the Natera website. Natera remains committed to maintaining transparency and providing timely updates regarding its operational progress and financial health.
This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Natera’s 8K filing here.
About Natera
Natera, Inc, a diagnostics company, develops and commercializes molecular testing services worldwide. Its products include Panorama, a non-invasive prenatal test that screens for chromosomal abnormalities of a fetus, as well as in twin pregnancies; Horizon carrier screening test for individuals and couples determine if they are carriers of genetic variations that cause certain genetic conditions; Vistara single-gene NIPT screens for 25 single-gene disorders that cause severe skeletal, cardiac, and neurological conditions; Spectrum, preimplantation genetic tests for couples undergoing IVF; Anora that analyzes miscarriage tissue from women; Empower, a hereditary cancer screening test; and non-invasive prenatal paternity product, which allows a couple to establish paternity without waiting for the child to be born.
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